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Wall Street Analysts Are Bullish on Top Technology Picks

Tipranks - Tipranks - Fri Jun 19, 9:02AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ondas (ONDS) and Zscaler (ZS) with bullish sentiments.

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Ondas (ONDS)

In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Ondas, with a price target of $18.00. The company’s shares closed last Thursday at $8.97.

According to TipRanks.com, Latimore is a 4-star analyst with an average return of 8.6% and a 34.8% success rate. Latimore covers the Technology sector, focusing on stocks such as Gorilla Technology Group Inc., SoundHound AI, Inc Class A, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ondas with a $20.14 average price target, an 117.8% upside from current levels. In a report issued on June 6, TipRanks – xAI also reiterated a Buy rating on the stock with a $12.00 price target.

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Zscaler (ZS)

Jefferies analyst Joseph Gallo maintained a Buy rating on Zscaler today and set a price target of $200.00. The company’s shares closed last Thursday at $121.79.

According to TipRanks.com, Gallo is a 5-star analyst with an average return of 13.6% and a 65.8% success rate. Gallo covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Zscaler has an analyst consensus of Strong Buy, with a price target consensus of $196.91, implying a 56.0% upside from current levels. In a report issued on June 3, TipRanks – xAI also upgraded the stock to Buy with a $160.00 price target.

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